Japan’s Konica Minolta to cut 2,400 jobs

Japan's Konica Minolta said today it will trim 2,400 jobs worldwide during the current fiscal year as part of structural reform, reports Reuters. The office business company is expected to book about JPY 20 billion (USD 131.87 million) in one-time expenses for the financial year ending next March. The...

Indian Staffing Federation re-elects President, names Exec Board

The Indian Staffing Federation (ISF) announced that Lohit Bhatia, President Workforce, Quess Corp Limited, has been re-elected as President of the Executive Board 2024-26 for his third consecutive term.

Bhatia envisions his two-year term at ISF will be spent working on closely enhancing formal employment...

Australia’s job vacancies slip 17.7% in February

Total job vacancies in Australia stood at 363,800 in February 2024, a decrease of 17.7% when compared to February 2023 and down 6.1% from November 2023, according to the Australian Bureau of Statistics.

Despite this being the seventh consecutive quarterly decrease, the level of job vacancies in February...

Advertised salaries in Australia edge up 4.4% in February

Advertised salaries on job board Seek Australia increased by 4.4% in the year to the February 2024.

The Seek Advertised Salary Index (ASI) measures the growth in advertised salaries for jobs posted on Seek in Australia. The Index noted that the 4.4% rise was higher than the inflation rate. 

Advertised...

Most cyber security leaders see AI as a risk and a solution

Most cyber security leaders worldwide see AI as a risk, as well as a potential solution, according to research from Hays.

The research showed 89% of cyber security leaders are concerned about the potential risks of AI threats. This compares with 89% who believe that AI will prove useful in improving security...

Online recruitment in the Philippines ticks up in February

Recruitment in the Philippines job market recorded an increase of 18% in February 2024 when compared to February 2023, according to the latest foundit Insights Tracker (fit) report.

According to the Philippines ‘fit’ report, February 2024 recorded a strong rise in hiring activity, with the index climbing...

New Zealand advertised salaries up 5% in February quarter

New Zealand advertised salaries on job board Seek rose by 5.0% in the year to the February 2024 quarter.

The 5.0% increase is faster than inflation, Seek noted (latest inflation data showed the figure at 4.7% in the December 2023 quarter). However, the growth rate slowed, from 5.1% in the year to the...

Recruit’s top exec wants to be world’s ‘most powerless CEO’

Recruit Holdings Co. Ltd. CEO Hisayuki “Deko” Idekoba said in an interview that he wants to be the “most powerless CEO in the world,” Fortune reported. Instead, he wants to facilitate people and provide vision. Tokyo-based Recruit ranks among the largest staffing firms in the world...

India’s health tech sector hiring up 9% in 2023

India's health tech sector posted a 9% increase in hiring in 2023 despite a prolonged funding winter impacting investments and hiring sentiment, reports the Economic Times, citing a study by staffing firm Ciel HR. Companies continued to add talent for sales and business development roles, followed by...

Most employers in Thailand set to raise salaries up to 6%

Nearly half of employers in Thailand (47%) said they intended to increase salaries by 3-6% this year, according to research from Hays.

At the same time, 22.9% of employers surveyed reflected plans to increase salaries by up to 3%, 16.9% were confident in providing raises of up to 10% for staff, while...